30th March 2021 – Head and Shoulders – TORNTPHARM

Jump to: Pattern Result

Date and Arrival Time: 2021-03-30 09:25

Symbol Name:  TORNTPHARM

Pattern and Direction:  Inverted Head And Shoulders Break

Pattern Completion Price: 2510.40, Pattern Ideal Completion Price: 2486.00

An Inverted Head And Shoulders Break has arrived at 09:25.

This is a pattern with a formation span of  21 days.

There is a potential Buy opportunity at 2510.40. A safe stop-loss for this Head and Shoulders can be kept at 2446.15 as per the pattern or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


UPDATE: 30th March – Success!

Let’s take a look at how this pattern’s results unfolded:

PatternSurfer - India